When looking across the province, Parry Sound is the 637th most expensive in Ontario.
The median house price listed in Parry Sound this month is $269,000.
This month we track 86th neighbourhoods in Ontario, and Parry Sound has the 86th most choice available for real estate investors.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Parry Sound there is more stock than three months ago. This would indicate pressure on prices easing.
Parry Sound was Canada’s 108th most expensive suburb by listed median house price this month.
The $340,000 price tag on the median Parry Sound home means that it is quite highly priced by Canadian standards.
There are 200 neighbourhoods that have more properties on sale than Parry Sound at the moment in Ontario which puts the neighbourhood middle range when looking at the number of properties to choose from.
Is Parry Sound a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.